News

0108.25

Results of the EU-wide banking sector stress test published

The European Banking Authority (EBA) has published the results of the EU-wide stress test. The stress test scenario covered a severe hypothetical economic downturn and spans a three-year period. A total of 64 banks participated in the exercise, including banks with subsidiaries in Estonia, such as Swedbank and Skandinaviska Enskilda Banken.

1407.25

Finantsinspektsioon has withdrawn the licence as a credit intermediary from Sortter OÜ

On 11 July Finantsinspektsioon withdrew the licence as a credit intermediary issued on 11 October 2024 to Sortter OÜ. The licence was withdrawn following an application from the company itself.

3006.25

Finantsinspektsioon issued a precept to Herrmann, Huebner & Partner Insurance Broker OÜ

Finantsinspektsioon issued a precept on 30 June to Herrmann, Huebner & Partner Insurance Broker OÜ because it did not release its annual financial report for 2024 on time.

2506.25

Finantsinspektsioon has issued guidelines for credit servicers, or debt collection agencies

Finantsinspektsioon is issuing an advisory guideline for credit servicers and credit purchasers concerning their relations with borrowers that is intended to develop uniform practice for debt collectors in the financial market governing how they relate to debtors with consumer credit, and conduct other transactions.

1806.25

A public competition will be held to find a new head of Finantsinspektsioon

The Supervisory Board of Finantsinspektsioon has announced a public competition for the position of Chair of the Management Board. The term of office of the current Chair, Kilvar Kessler, ends on 15 January 2026.

1706.25

Finantsinspektsioon has withdrawn the operating licence as a payment institution from AS Creditinfo Eesti

Finantsinspektsioon has withdrawn the operating licence as payment institution issued on 5 April 2021 to AS Creditinfo Eesti (register code 10256137). The licence was withdrawn following an application from the company itself. AS Creditinfo Eesti confirmed that it no longer provides the account information services covered by the licence since 31 May 2025.